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PBCOM Acquires Rural Bank of Nagcarlan

 

In line with its expansion plans, Philippine Bank of Communications (PBCOM) recently signed an agreement with Rural Bank of Nagcarlan, Inc. (RBNI) to acquire all of its outstanding shares. Present during the signing were PBCOM President & CEO Nina D. Aguas and Chairperson of the Board &Vice President of Rural Bank of Nagcarlan Inc. Mrs.Nelita G. Cuento. The signing was witnessed by PBCOM Business Development Head Joselynn B. Torres and RBNI’s President Mario Y. Fabros, Sr. The Laguna-based RBNI has six branches.

L-R: PBCOM Business Development Head Joselynn B. Torres, PBCOM President & CEO Nina D. Aguas, RBNI Chairperson of the Board & Vice President Mrs. Nelita G. Cuento and RBNI President Mario Y. Fabros, Sr.